Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.
Find out more at btsub.sg/promo
[MOSCOW] Russia sold more than US$15 billion worth of arms in 2014, President Vladimir Putin said on Tuesday, adding that new signed orders stood at nearly US$14 billion.
Russia is the world's second-largest arms exporter after the United States.
Mr Putin also said Russia exported military equipment to more than 60 countries last year, when its ties with the West hit a rocky bottom over the conflict in Ukraine.
"Russia will expand its presence on such prospective markets and the Asia-Pacific region, Africa, Latin America and the Carribbean," Mr Putin told a meeting at the Kremlin.
"Exports of high-tech military products is important for Russia, especially amid the difficult geopolitical situation. It is important for updating the production of the defence sector... and solving many social issues."